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Beyond the Signature Block: Analyze the Exhibits Attached to a Lease
In reviewing a draft of another party's form commercial retail lease, much time and effort is expended in analyzing the lease relative to the agreed-upon letter of intent and/or applying a client's leasing parameters into the lease. Many times the signature block is viewed as the proverbial 'goal line,' so if you can make it to the signature block, you are at the conclusion of your review; however, to review the form lease adequately and completely, one must continue the review and analyze all the exhibits attached to the form lease.
There are almost an infinite number of exhibits that one could attach to a lease form; but there are certain exhibits that are more common than others in a commercial real estate context. Among the many types of exhibits that are or could be attached to a commercial retail lease form, the following list is representative of those exhibits that most would agree to be necessary:
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